Multifamily

Honor, MI Multifamily Properties for Sale

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Beulah, MI Benzonia, MI Interlochen, MI Frankfort, MI Thompsonville, MI Lake Ann, MI Empire, MI Glen Arbor, MI
Duplex with Dual Electric Meters
Updated: May 27
Duplex with Dual Electric Meters

11950 Honor Highway, Honor, MI 49640

$325,000
3,391 sqft 3.30 AC lot
Conforming duplex with full independent lower level living
Dual electric meters for separate metering
Zoned C‑1 General Commercial with residential and commercial use flexibility
3.3 acres with deck and countryside view
Walk‑out basement plus laundry hook‑ups on main and lower level
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Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI
Updated: Mar 25
Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

11481 Main St, Honor, MI 49640

$750,000
3,715 sqft 10.00 AC lot
Turn key operation
Great marketing
Good tourist location near Sleeping Bear Dunes and Traverse City
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Honor, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Triplex with Private Entrances
Renovated Triplex with Private Entrances

812 Forest Avenue, Frankfort, MI 49635

$485,000
2,035 sqft 0.17 AC lot

Completely renovated triplex with three apartments, private entrances, and air conditioning in each unit plus a newly paved driveway.

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Renovated Triplex with Private Entrances
Renovated Triplex with Private Entrances

812 Forest Ave, Frankfort, MI 49635

$485,000

Completely renovated triplex with three separate units, each with modern appliances and private entrances.

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Income-Producing Multifamily Property
Income-Producing Multifamily Property

6593 FRANKFORT Hwy, Beulah, MI 49617

$319,900

Three-unit property with updates near Frankfort and Crystal Lake.

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Beulah Investment Opportunity
Beulah Investment Opportunity

115 N Michigan Ave, Beulah, MI 49617

Contact for pricing
18,000 sqft

18 condo units with additional space for development.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Elevated Farmland Development Parcel
Elevated Farmland Development Parcel

Parcel C E Duck Lake Road, Suttons Bay, MI 49682

$2,600,000
74.20 AC lot

Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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Log Lodge Resort With Guest Homes
Log Lodge Resort With Guest Homes

1306 N Tippy Dam Road, Wellston, MI 49689

$900,000
22.24 AC lot

Three log structures, commercial kitchen equipment, and two additional homes support group stays and onsite lodging.

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Deeded RV Recreational Lot
Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900
0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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Private Camping Lot with Electrical Hookups
Private Camping Lot with Electrical Hookups

4537 Pine Run Road, Farwell, MI 48622

$41,500
0.75 AC lot

Recreation lot in a private gated association with multiple 30 AMP electrical and septic hookups for camper-ready use.

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Honor, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Honor, MI on our real estate platform. These investment opportunities span a total of 7,106 square feet of properties for sale, with an estimated market value of $1,075,000.

Sale prices for multifamily properties in Honor, MI start at $325,000, averaging $537,500, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Short term rental properties 1

Demographics Overview

Population 1,266
Population Growth (5Y) -20.0%
Median Household Income $83,750
College Educated 59.8%

High-Yield Neighborhoods for Investment

Identify Honor submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49640 $537.5K

Listings Trend

New vs delisted commercial listings in Benzie County

New Delisted

Total CRE Inventory on Market (SF)

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